Income-producing Victorian block with refurbishment upside near town centre.
- Freehold block of 3x two-bedroom flats, tenants in situ, immediate income
- Mixed EPCs: C (ground), D (first), E (basement) — upgrades likely needed
- Basement flat requires modernisation; other flats generally habitable
- Solid brick Victorian build; probable lack of wall insulation
- Small rear garden, driveway for 1–2 cars, limited external space
- Very deprived local area; rental demand present but growth constrained
- Total internal area modest (approx 808 sq ft), compact apartment layouts
- Council Tax low; broadband fast and mobile signal excellent
A freehold investment block arranged as three two-bedroom flats, offered with tenants in situ and immediate rental income. The building retains Victorian character externally with bay windows and a narrow, town-centre footprint; it includes a small rear garden, off-street parking for one to two cars and decent plot size for the area.
Internally the three flats vary in condition: ground-floor apartment is in good order (EPC C), first-floor is reasonable (EPC D) and the lower-ground flat requires modernisation (EPC E). The property is solid-brick construction (likely no cavity insulation) and has gas central heating with double glazing of unknown age — budget for targeted upgrades and an EPC improvement plan.
Positioned close to Hastings town centre and Alexandra Park, the location supports rental demand, though the local area classifications indicate constrained renter profiles and wider area deprivation which can affect rent growth and tenant turnover. Council Tax is low and transport and broadband are good, helping lettability.
This suits a buy-to-let investor seeking near-term income with scope to add value through refurbishment, EPC improvements or modest reconfiguration subject to consents. Factor in maintenance, potential voids, and professional management costs when assessing yield and financing.
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